Full Truck Alliance Q2 2026 Results
On 19‑08‑2026 the company announced its second‑quarter FY2026 results, which surpassed analyst expectations. Adjusted earnings per American Depositary Share (ADS) were $1.36, ahead of the consensus $1.26, while revenue reached $3.38 billion versus the estimated $3.15 billion, marking a 4.4% year‑on‑year increase from $3.24 billion in Q2 2025.
The firm provided third‑quarter revenue guidance of $3.32 billion to $3.42 billion; the midpoint of $3.37 billion is 14.2% above the consensus estimate of $2.95 billion. Transaction‑service revenue drove the growth, climbing 33.1% YoY to $1.77 billion and accounting for 52.2% of total revenue. Fulfilled orders rose 12.7% YoY to 68.5 million, and average monthly active shipper users increased 12.8% YoY to 3.57 million. In contrast, freight‑brokerage service revenue declined to $995.4 million from $1.18 billion in the prior year period.
Peter Hui Zhang, Founder, Chairman and CEO, said the company remained focused on enhancing user experience and transaction efficiency, expanding transaction protections for shippers and truckers, and strengthening nationwide network effects. Adjusted net income grew 6.0% YoY to $1.43 billion, while GAAP net income rose 6.3% YoY to $1.35 billion. Operating cash flow surged to $2.15 billion from $1.31 billion in the year‑ago quarter.
The board approved a cash dividend of $0.084 per ADS for the third quarter, payable on 28 October 2026. Following the announcement, the stock was largely flat, edging up 0.57% in pre‑market trading.